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Discover CSX. Our expertise. Your overview. Understanding value vs. Read the article. They provide the processing of euro payments for participating financial institutions within the system and cross-border in real time, with hour availability on all banking days without excessive liquidity requirements and at very attractive conditions.
Our customer services team is happy to provide you with further information regarding joining and using euroSIC to your advantage.
Please contact our customer services team for further details. With its Guaranteed OUR product, the SECB offers its customers the option of processing cross-border payments that are to be carried out applying the OUR fees option all fees to be paid by the ordering party at a flat rate.
This means that the ordering bank is already aware of the foreign bank fees when the order is executed and there is no need to subsequently debit these charges.
Please contact our customer services team for further details about this service. The SECB provides detailed information about the current status of each query and issues a monthly report about processed queries and the remuneration incurred.
This provision is made against the pledging of central bank-eligible assets denominated in euro, which must comply with the European Central Bank's single list of marketable assets for liquidity categories I and II.
If there are no vacancies at present, you are welcome to use our contact form to send us a speculative application.
Transactions per year Number of transactions since in billions Details. Our latest SECB publications are available for download here.
The annual-, disclosure- and compliance-reports are sorted by year of publication and are available as PDF downloads.
Annual reports. Our annual reports of the past three years are available for download here. Disclosure report.
Our disclosure reports for the past three years are available for download here. The documents applicable to us can be found here. Credit Transfer.
Direct Debit. The SECB processes direct debit transactions both for the debtor bank and the creditor bank.
Direct and indirect participants in the SEPA payment schemes. Direct settlement of euro payments with all euroSIC participants within Switzerland, Liechtenstein and other European countries.
Central online cash management. Accessibility of the European clearing systems through the option of registering as a participant through the SECB.
Cost savings through concentration on one instead of diverse bank accounts Attractive conditions. As a European correspondent bank, the SECB also offers its highly-qualified services to banks who are not euroSIC participants and interested in a central connection to all clearing systems within the European Monetary Union and to financial institutions in Switzerland.
Global Reach. The SECB carries out payments with and without routing details. SECB researches the route for payments that do not contain routing details.
This route researching service is free of charge for euroSIC participants. Guaranteed OUR. Collateral Management. Would you like to join our team?
Our current vacancies can be viewed here.